China's state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a statement on Monday. The National Development and Reform Commission (NDRC) expected more than 110 new energy vehicle models among a total of 150 new cars launched this year, intensifying competition. NDRC also estimated the market demand for new energy vehicles, including EVs and plug-in hybrids,...
SHANGHAI (Reuters) - Prices of electric cars and plug-in hybrids in China's Southern Shenzhen city, a metropolis with high EV adoption, have fallen 5% to 10% this year, the country's state planner said on Monday.BYD and Denza cars have been leading the price cuts with reductions of 7.15% to 9.7% to the prices of five models in April compared to those at the beginning of the year, according to a statement of National Development and Reform Commission (NDRC).NDRC cited oversupply, falling battery...
EVs spent an average of 70 days on dealer lots in March, while hybrids were being snapped up in just 49 days
A team of researchers has waded into a controversial and contradictory area of study, publishing information on the link between obesity and an inflammatory molecule that increases with
The manufacturer needs to tighten the differential gear bolts in the Gear Drive Unit. Owners will be reimbursed if they have previously paid to fix the issue. This recall comes just a month after the Hyundai group recalled most of its E-GMP-based models in the U.S. Kia is recalling select EV9 and Niro EV models in the United States, two of the brand's most popular all-electric SUVs. Fortunately, the recall only impacts 8 vehicles across the country and the fix is very easy. A recall notice...
New factories producing EVs and their batteries are bringing more jobs to the Southeast, but utilities are trying to meet the power demands of these factories with natural-gas power plants rather than renewable energy, reports Energy News Network. Anticipated demand from the auto industry—as well as solar-panel manufacturing and data
Mercedes-Benz is scrapping extended-range EV powertrains after tests of prototypes, according to an Autocar report citing an anonymous source with knowledge of the matter. Mercedes built and tested some prototypes based on existing models, "concluded that the range-extender drivetrain is a transitional technology with a relatively short-term
Charging electric vehicles at home will exceed most power lines' capacity.
Biological males in girls’ bathrooms and dorms? Sanctions if you don’t use somebody’s preferred pronouns?
Bruce Lehrmann was set to headline a conference called 'Restoring the Presumption of Innocence', to be held at an unnamed location in Sydney's Rushcutters Bay on June 1.
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the automaker’s bottom line. Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Analysts polled by Yahoo Finance […] © 2024 TechCrunch. All rights reserved. For personal use only.
A drop in the number of fines issued in a controversial Edinburgh low traffic neighbourhood has been hailed as evidence that drivers are more aware of the rules and ready to follow them. The Corstorphine Connections scheme, which involves traffic restrictions, a bus gate, wider pavements and more seating and planting, has been a hot issue since before it was launched in May 2023. More than £50,000 worth of fines were handed out in the first full month of operation. That was said by critics...